Whether you’re a solopreneur or you’re still employed by someone else, there are times when working for yourself seems like the dream and more often than not, it is. Setting your own rules, earning your own money for you and not a faceless corporation can be amazing. But it’s not without its downsides and in this blog we take a look at a few issues you might want to consider before swapping life in the cubicle for just you and your laptop.
You’ll worker harder and for longer
Not necessarily what you might want to hear but certainly for those initial few months you’re going to have to put some serious effort in to establishing yourself and getting off the ground. But you will get so much from it in the way of satisfaction and knowing you’re setting your feet firmly on the path towards success.
Yes, you may be getting up earlier than your competitors and going to bed later than you ever did in the 9 to 5, but that investment now will pay dividends for the future.
Growth will surprise you
No matter how much you dream about being a huge success, when your business does indeed grow it will take you by surprise and might even scare you a little.
This is all perfectly normal and the best thing you can do for yourself and your business is to plan growth into your business strategy. Make sure your network and website can handle extra traffic, make sure you have the physical space to store and send out goods and the logistics to make that happen.
Then enjoy seeing your business go from strength to strength.
You’ll learn so many new skills
If you’ve never had to run your own accounts, prepare a marketing strategy or learn about Cloud computing before you’re going to be an expert in all these things by the time you’re finished. Solopreneurs are Jacks of all trades and very quickly have to figure out how to get things up and running.
Statistics will become your life
Whether you’re thinking about sales figures, marketing by direct mail or the number of hits on your website you’ll soon grow to love reading your statistics. The challenge of converting real life actions into pleasing statistics is a challenge you’ll revel in and you won’t be able to stop telling your nearest and dearest about your latest social media analytics.
Working for yourself is terrifying, exhilarating and at times, plain hard work but nothing beats the thrill of bidding for and winning that contract or selling products that you’ve poured your heart and soul into designing. Be prepared to take on more than you’d bargained for both in terms of hard work and with the feeling that you’ve achieved something you’ve always wanted to: entrepreneurial success.